Premium Essay

Founding Leaders Leadership

In: Business and Management

Submitted By lisa4ever
Words 1585
Pages 7
Founding Leaders Leadership

Contemporary Business

Thomas Middleton

Dr. Dingman

BUS 508

April 19, 2012

Profit Oriented

Sam Walton was born in Springfield Missouri during the great depression to Thomas Gibson Walton and Nan Walton. At an early age he had understand the value of a dollar, because during he great depression the kids in the house hold also had to provide what they could to the family income, which Sam did buy delivering newspapers. Sam Walton delivered newspapers from the time he was 5 until he graduated college. The four major influences in his life were, his mother whom educated them and stressed education to their children in-order for them to succeed. His dad whom taught young Sam Walton about the value of a dollar. And the two most important influences in Sam’s life were L.S. Robson Sam’s father-n-law whom was a successful businessman himself taught Sam how to set up businesses within a family organization using different types of business entities such as partnerships and enterprises having their children be the board members and executives within the partnerships, which pays off huge in the later years as far as the success of Wal-Mart. The last influential person whom shaped Sam Walton into the shrewd businessman with the don’t quit attitude was a gentlemen by the name of John Dunham whom was the owner of the rival store in the small town of Newport, Arkansas where young Sam bought his first Department store for 7,000 called Ben Franklin variety store. Sam Walton has made Wal-Mart into the number one retail store in America not because of one or two attributes as a businessman, but through his life long experiences in dealing with people and learning from everyone he has ever come in contact with. “The first department store Sam ever bought into was how he came up…...

Similar Documents

Free Essay


...Kemal was an effective military leader. Leadership behavior; The study of the actions, or behaviors, that define a leader is known as behavioral leadership.  First developed by Robert Blake and Jane Mouton in 1964, this theoretical approach to understanding leaders creates categories of styles, which are aligned with the actions the leader may take, or the methods they use to reach their goals. In the following paragraphs, I will give a example of Mustafa Kemal’s leadership behavior. Mustafa Kemal knew the psychology of the Turk, and the dogged fanatical fighting spirit of which he was capable once he had faith in his leaders and his blood was roused. Mustafa Kemal knew how to arouse Turk’s blood. This is how Mustafa Kemal and the Turkish soldiers saved the Gallipoli. Leadership traits; is defined as integrated patterns of personal characteristics that reflect a range of individual differences and foster consistent leader effectiveness across a variety of group and organizational situations (Zaccaro, Kemp, & Bader, 2004). The theory of trait leadership developed from early leadership research which focused primarily on finding a group of heritable attributes that differentiated leaders from nonleaders. Leader effectiveness refers to the amount of influence a leader has on individual or group performance, followers’ satisfaction, and overall effectiveness (Derue, Nahrgang, Wellman, & Humphrey, 2011). Second, Mustafa Kemal’s leadership traits; Vison:......

Words: 1356 - Pages: 6

Premium Essay

Leaders and Leadership in Organizations

...Leaders and Leadership in Organizations Abstract The success of an organization is dependent upon the leadership. Leadership is essential in providing vision, direction, and motivation. The purpose of this paper is to identify the importance of leadership in organizations by exploring leadership theories, styles, traits, and behaviors of effective leaders as well as challenges organizations face in developing and identifying effective leadership. Importance of Leadership Ultimately, the success and failure of an organization is dependent upon leadership. Although there are a number of factors impacting the performance of organizations, the quality of leadership remains at the key focal point. Effective leadership casts vision, provides direction, and influences organizational behavior, good or bad. Leadership academic studies agree leaders possess common qualities and attributes. Leadership styles may differ, but qualities and attributes remain consistent. The role of a leader is critical to the evolving dynamics of an organizational structure. Organizations are more aware of the role leadership has in their organization and are seeking leaders with the style, qualities and attributes needed (Yukl & Lepsinger 2008). An organizations understanding of leadership is often limited to assessing a leader’s ability to motivate others to go beyond what is expected, benefiting from subordinates full potential efforts. Influencing the group of an organization...

Words: 1577 - Pages: 7

Premium Essay

Leadership: What Makes a Great Leader?

...Leadership: What Makes a Great Leader? Leadership can be defined as a process by which a person influences others to accomplish an objective and directs those individuals in a manner that will be most beneficial to them or an organization. Great leadership skills are a collection of many different characteristics. These characteristics help to make and shape the great leaders of many organizations. An individual may naturally possess certain characteristics that empower them to be a great leader, but it is various experiences that help to shape the best leaders. These individuals are usually well rounded. Those who lead are called manager, supervisor, or leader and they possess the authority to accomplish certain tasks and objectives within the organization. For an individual to be a great leader, they should understand the needs and the mission of the organization. Every leader leads his/her followers in a specific direction. Through motivation and negotiation a leader is able to resolve conflicts and achieve standards. One example of a great leader is Steve Jobs. A recent article in Forbes magazine referred to Steve Jobs as an excellent CEO. Steve Jobs has taken Apple to new heights. Apple, although an aging company, has recently reemerged as a leading computer giant. The introduction of the iPhone to the cell phone market has proven to be a key reason why Apple has once again become a major contender. In addition, Apple introduced the Macbook and this......

Words: 1625 - Pages: 7

Premium Essay

Leaders and Leadership in Organizations

...The foundation of a successful organization is defined by a strong leader.  Regardless of the type, size, or financial performance, the foundation of the organization still lies in the hands of a leader.  The success or failure of an organization is often linked to the leadership style and ability of the leader.  There is no “one size fits all” leadership style and it is essential that each leader develop his or her own style to successfully lead the organization.  There has also been a link found between the personality of an individual and their leadership capabilities as it relates to the overall leadership style of the formal or informal leader.  “Leadership style is the manner and approach of providing direction, implementing plans, and motivating people.” (Clark, 2013)  In order to provide direction and implement plans, the four decision making styles that have been identified are autocratic, consultative, group, and delegated.  These four styles have been derived from the Vroom and Yetton Model. Leaders of an organization are not limited to those individuals who hold a managerial or official title or those who are highest on the hierarchy of an organization. “While too often we can find powerful people who do not hold genuine positions of authority, we frequently find people who are in a position of authority, but are powerless to influence the behavior of others.” (Goncalves, 2013)  Formal leaders are those who have been given or have earned their place at the top...

Words: 2170 - Pages: 9

Premium Essay

Leadership Styles & the Role of a Team Leader

...1: Different Leadership Styles in the Uniformed Public Services A leadership style is how the task is approached while motivating and instructing a team. Without an effective leader the completion of the goal is reduced. Leadership Styles The authoritarian leader tells people how they want things done without discussing it with others. This style is commonly seen used in services such as the Army, where a strict role of discipline is expected from soldiers under higher commands. In war, there is no time to think so a set task can help prevent deaths and mistakes. It also helps newer recruits know what to do when they need to. Authoritarian leadership is useful when working with time restraints and deadlines. These leaders often keep their team motivated which allows jobs to be finished quickly and effectively and allows the best equipped to be making decisions. However, it may lead staff to feel unappreciated and angry. This style can also prevent staff from developing their own initiative. Communications can break down and in the long run the employees can lose their drive for the job. The democratic leader encourages people to be part of the decision making process. The leader is still in control, however, this leadership style allows others to use their personal experiences and expertise to help the team. An example of this style could be at a community meeting with the public; they bring forth their suggestions but in the end it is the leader that has the......

Words: 2374 - Pages: 10

Premium Essay

Interrelationship of Leadership Traits, Behavior, and Subsequent Performance of the Leader

...refer to recurring regularities or trends in a person’s behavior (Hughes, Ginnette, & Curphy, 2002, p. 168). Exhibiting leadership traits is strongly correlated with people’s desire to follow the leader. Exhibiting these traits will inspire confidence in one’s leadership. Personality traits are useful for explaining why people act fairly consistently in different situations. Knowing differences in personality traits can help predict more accurately how people will tend to act in different situations. Behavior: Leadership behaviors are a function of intelligence, personality traits, emotional intelligence values, attitudes, interests, knowledge, and experience. Leader behavior reflects an interaction between personality traits and various situational factors. Over time, leaders learn and discern the most appropriate and effective behaviors. Individual difference and situational variables play a pivotal role in a leader’s behavior. Changing behavior, especially long-standing patterns of behavior, can be quite difficult. Learning how to change one’s own behavior and others’ behaviors is a key leadership skill. Knowing how to change and modify followers’ behaviors so that it helps the followers and the organization’s success is very important. Behaviors are thought to be more malleable than traits, thus they can be taught to managers to increase their leadership abilities and effectiveness (Norris, 2000). Intelligence: Intelligence is an umbrella term describing a property of......

Words: 1088 - Pages: 5

Premium Essay

Leadership: Are Good Leaders Made or Born?

...Leadership: Are Good Leaders Made Or Born? Heather Brown Social Psychology Dr. Alyson Kohl National University Abstract Many studies have taken place to decide whether people are naturally born to lead or whether those traits are developed and taught over time. Different traits combine to make good leaders, such as ambition, intelligence, and self-confidence. In this paper I will discuss whether these traits are naturally within someone or can they be taught over time. Leadership: Are Good Leaders Made Or Born? How is a good leader defined? Are they charismatic, smart, an over achiever? A Leader, is defined as a person who is “appointed, elected, or informally chosen to direct and co-ordinate the work of others in a group”. A leader and leader-ship are two very different things. To lead you need to be able to influence groups of people socially [ (Kassin, Fein, & Markus, 2014) ]. Without influence, it would be hard to have people want to follow you. Leaders influence people to work together to accomplish a variety of goals. Leaders can be found in all aspects of life, at work and at play. Psychologists have conducted studies to identify what traits are common to “natural-born leaders”. Some of the common traits that great leaders have been defined in the Great Person Theory of history ( [ (Kassin, Fein, & Markus, 2014) ]. Ambition, intelligence, and self-confidence are just a few of traits that great leaders throughout time have had in common. ......

Words: 1345 - Pages: 6

Premium Essay

Student's Perceptions of Leadership and the Ways in Whoch Leadershapre Influnces the Development of Student Leaders

...STUDENTS’ PERCEPTIONS OF LEADERSHIP AND THE WAYS IN WHICH LEADERSHAPE INFLUENCES THE DEVELOPMENT OF STUDENT LEADERS A Thesis Submitted to the Graduate Faculty of the Louisiana State University and Agricultural and Mechanical College in partial fulfillment of the requirements for the degree of Master of Arts in Liberal Arts in The Interdepartmental Program in Liberal Arts by David Dial A.B., Duke University, 2002 May 2006 TABLE OF CONTENTS ABSTRACT................................................................................................................................... iii CHAPTER 1 INTRODUCTION, STATEMENT OF THE PROBLEM, METHOLOGY, AND LIMITATIONS....................................................................................................................1 Statement of the Problem..................................................................................................1 Methodology .....................................................................................................................3 Limitations of Current Study ............................................................................................6 2 LITERATURE REVIEW ....................................................................................................8 Gender as a Factor for Leadership Growth.....................................................................10 Race and Leadership Development ...........................................

Words: 27022 - Pages: 109

Free Essay

Qualities of a Strong Leader: Resourcefulness as the Basis Leadership Strength

...Qualities of a Strong Leader: Resourcefulness as the Basis Leadership Strength Strong leaders are consistently present in flourishing nations. Japan, for example, is one of the richest and most powerful countries in the world despite a lack of many natural assets. Africa, on the other hand, is the world’s poorest and most underdeveloped continent in the world despite overwhelming amounts of minerals, rich soil, forests, and several other natural resources. Struggling nations in the world, such as many African nations, are often plagued with a great deal of political turmoil and frequently lack the kind of leadership that exists in thriving states like Japan. A nation’s downfall or rise to power is due to a ruling body’s decision-making rather than resource availability, domestic lifestyles, or even luck. World leaders, as result, are under constant scrutiny from average citizens to pundits. Critics evaluating a leader’s strength do not think that strong leaders are people who simply have a lot of state power; an autocrat is not necessarily “strong.” Effective, strong leaders are considered “strong” because of their resourcefulness.   Turmoil is inevitable, and a leader must be prepared for the worst. If French and American colonial leaders were unprepared to respond to the oppression they felt respectively from the French and British monarchies, neither the United States nor the French Republic, two very powerful states, would have ever been formed. Similarly, the decline......

Words: 3639 - Pages: 15

Premium Essay

Assignment 3: Leadership Style: How Are Leaders Leading in the 21st

...Assignment 2: Integrating Culture and Diversity in Decision Making: The CEO and Organizational Culture Profile BUS 520 – Leadership and Organization Dr. Danielle Camacho Tomika Williams Provide a brief (one [1] paragraph) description of the organization you chose to research. I chose to research Southwest because living in Atlanta, Georgia I’ve personally waited for the discount airline to land on our doorstep and they did just that with the merger and acquisition of Airtran Airways. Southwest by way of the merger is now in Atlanta which is the nation’s busiest airport (McCartney, 2013). Southwest bought AirTran way back in 2011 for $1.4 billion with the intention of combining fleets and operating the newly merged airline under the Southwest brand. Another specific reason for Southwest opting to obtain AirTran was – in part – to extend its reach to AirTran's international destinations in Mexico and the Caribbean. Southwest was also able to expand its presence in the Northeast to cities not previously serviced by Southwest i.e. New York and Boston. Southwest by way of the merger is now in Atlanta which is the nation’s busiest airport (McCartney, 2013). Examine the culture of the selected organization. Southwest Airlines is probably one of the better examples of a company that outlined a very clear and simple key business principle, chose the right business model to support that principle, and consistently demonstrates the core values and behaviors derived from their...

Words: 1924 - Pages: 8

Premium Essay

Understanding a Leader Through Various Leadership Theories

...EXECUTIVE SUMMARY Leadership is a process and not a position that involves interactions between leaders and followers at different situations. To understand leadership, this paper will review some of the leadership theories which may be applicable on a leader. The paper will talk about a senior supervisor, Mr.X from ABC Company, a well-known financial institute. ABC Company is Canada’s fifth largest bank and one of the Big Five banks. The introduction of the paper will give a brief background on the leader and the company. Followed by that it will outline some of the leadership theories that best apply to the leader. The report will discuss leader-member exchange theory, situational leadership model, path-goal theory and the action-observation-reflection model. To understand the principles better, relevant examples will be provided. The paper will also mention a situation where the author of this report may have acted differently than the leader. The report will conclude with appropriate recommendations for overall improvement in the leadership process. In this paper, the names of the organisation and the leader have been changed to ABC Company and Mr.X to maintain confidentiality. INTRODUCTION ABC Company claims that its senior executives set the strategic direction for the company and provide leadership to more than 44,000 employees as they help our 11 million clients (ABC Company 2015). In this huge company, Mr.X has been a senior supervisor in...

Words: 2789 - Pages: 12

Premium Essay

Leadership - Would You Classify Bill Gates as a Charismatic or Transformational Leader Why

...Need Answer Sheet of this Question paper, contact ARAVIND – 09901366442 – 09902787224 LEADERSHIP 1. Would you classify Richard Branson as a manager or a Leader? What qualities distinguish him as one over the other? 2. Followers are part of the leadership process – Describe the relationship between Branson and his followers. 3. Identify the Myths of leadership development that Richard Branson’s Success helps to disprove. 1. Consider Walt Disney’s effectiveness in terms of the three domains of leadership- the leader, the followers, and situation. For each domain name factors that contributed to Disney’s success. 2. Now think about Michael Eisner’s Leadership effectiveness. Name factors within the three domains of leadership that might be responsible for controversy surrounding Eisner’s success and then ultimate failure and removal as Disney’s CEO. 1. What are the major skills Jovita Carranza has demonstrated in her career at UPS that have made her a successful leader? 2. Consider the spiral of experience that Jovita Carranza has travelled. How has her experience affected her ability as a leader? 3. List out the characteristics of successful leaders. How many of this is demonstrated by Jovita Carranza? 1. As we have discussed, competency models describe the behaviors and skills manager need to exhibit if any organization is to be successful. Consider the......

Words: 457 - Pages: 2

Premium Essay

Leaders and Leadership in Organizations: Understanding the Dynamics

...Leaders and Leadership in Organizations: Understanding the Dynamics Leaders and Leadership in Organizations: Understanding the Dynamics The subject of leaders has been greatly researched through out history. In this time of economic turmoil, it is vital for an organization to evaluate their leaders and leadership styles in order to be successful. Leadership styles vary, as well as what kind of leaders exist and the behaviors they participate in. It is necessary to examine each theory to conclude what is the most effective in an organizational structure. Exerting an incorrect Leadership Development Plan that does not correlate with the organizational culture will result in failure. In order to assist in evaluating an organizations leaders and leadership we will address the following concepts: 1. What is leadership and who are the leaders of an organization? 2. What are the types of leadership theories, styles and behaviors? 3. What elements affect leaderships? 4. How do leaders and leadership impact organizations? In reviewing these four focuses, it will become clear in understanding the dynamics of leaders and leadership in organizations. What is Leadership and Who Are the Leaders of an Organization? Although there are different styles of leaders, the concept of leadership is fundamentally the same. The leadership notion is best described by Etzioni (1965, p. 690-691) in Organizations -Structures, Processes, and Outcomes as: “the ability, based......

Words: 1752 - Pages: 8

Premium Essay

Moderating Effects of Initial Leader-Member Exchange Status on the Effects of a Leadership Intervention

...Copyright 1984 by the American Psychological Association Inc Moderating Effects of Initial Leader-Member Exchange Status on the Effects of a Leadership Intervention Terri A. Scandura and George B. Graen Department of Management, University of Cincinnati In afieldexperiment involving 83 computer-processing employees of a large service organization, a leadership intervention based on the Leader-Member Exchange (LMX) model was tested against a control condition The effects of this intervention were hypothesized to depend on the initial quality of the LMX relationship Thus, employees having initially low LMXs with their immediate supervisor were compared to cohorts having initially higher LMXs It was hypothesized that employees having initially low LMX would respond more positively (after adjusting for regression effects) to the leadership intervention than those having higher quality relationships. Analysis of interaction effects indicates that comparing the leadership intervention condition to the control condition, the initially low-LMX group showed significant gams in productivity, job satisfaction, and supervisor satisfaction compared to the initially high-LMX group The initially low-LMX group also perceived significantly higher gains m member availability and support from their supervisors than the initially high-LMX group. The initial quality of LMX appears to moderate the leadership intervention effect in the hypothesized direction. The implications of these results......

Words: 4962 - Pages: 20

Premium Essay

Leadership Theories That Are Best for a Leader

...Abstract This report is based on defining leadership and its theories. Steve Jobs and Jeff Bozes leadership approach and style is analysed and which leadership skills are acted upon by these leaders and how they fit in the skill approach model. Furthermore, it would be analysed whether the leadership approach practiced by Steve Jobs and Jeff Bozes could have been successful in a slow moving industry such as construction or banking industry. In the end, the reflection of the most appropriate theories that I would prefer to use when opening a company like Amazon or Apple with 5 experienced people. In addition, critically evaluation of the relevant theories is also analysed. Leadership and Theories Leadership is a process in which one individual influences others towards the achievement of group or organizational goals. Leadership is a social influence and it cannot exist without a leader and followers. Leadership results in the behaviour of the followers that is meaningful and goal-directed in an organized setting. Despite the efforts of a standard definition of leadership, Fred Luthans, mentions in his book Organizational Behaviour (2005), ‘’it [leadership] does remain pretty much of a ‘black box’ or unexplained concept.’’ Leadership also means awakening passion among its followers, to have an ability to transform dreams in to reality. Leadership is an on-going process that persuades people to do right things for better future where one person encourages, inspires and......

Words: 2827 - Pages: 12